LOS ANGELES - CA (PRWEB) November 26, 2014
Marina Capital Group http://www.marinacap.com a leading provider for "raising investment capital" online through their cloud based financial platform, was shocked when Sony Pictures Television Inc. filed a petition to cancel their trademark registration for Sharktank.
The U.S. Patent and Trademark Office had already approved and issued the trademark to Marina Capital for the use of the name “SharkTank” for financial services online and off line.
The petition was filed in the UNITED STATES PATENT AND TRADEMARK OFFICE before the Trademark Trial and Appeal Board. The Cancellation petition ##92060383 was filed by attorneys representing SONY. http://tsdr.uspto.gov/#caseNumber=86041002&caseType=SERIAL_NO&searchType=statusSearch
The “SHARKTANK” powered by SlingFunding technology is a branded financial cloud based platform developed by Marina Capital Group's http://www.marinacap.com principals with 10+ years experience in investment banking. Marina Capital Group is an investment banking firm serving middle market companies ranging in value from $10 million to $300+ million.
Hal Berger, “This action is an example of how big companies like SONY have total disregard for the trademark system process and try to force smaller companies like our firm to spend thousands of dollars on unnecessary court hearings.
“We met with Sony Television over a year ago and we clearly expressed our intent in a visual presentation and the basis for our trademark position at their offices."
Sony’s Executive VP of Business Affairs for Television during the meeting stated, “We are an entertainment company and we don’t want anything to do with financial services or the liabilities associated with that type of business.”
Neil Sherlock, CEO and co-founder. “We saw an opportunity with the changing SEC laws to create an equity based online marketplace for raising capital. Similar to what Lending Club created in the credit marketplace space in 2007, ELOAN did in late 1990s with mortgage loan origination. We see 'SHARKTANK' powered by SLINGFUNDING as an innovative opportunity in the equity marketplace sector.
In similar fashion to how ELOAN transformed the mortgage loan origination business online and Lending Club is beginning to completely transform the consumer and small business credit industry, we are confident the equity fundraising space is poised for similar and equally massive disruption, and that SHARKTANK powered by SlingFunding will be the “demonstrable and recognized leader” in the space.”
Hal Berger, further commented, “We are confident that the U.S. Trademark Office will uphold our position and abide by the very trademark laws that allowed the trademark to issue in the first place. We are proud of the momentum and reception we have received from both the entrepreneurial and accredited investor market."
Now our goal is to grow out our infrastructure and continue to enhance our technology to make our user experience second to none.”
SHARKTANK is a leading provider for "raising investment capital" online - via the cloud based financial platform where accredited investors find free access to select private investments, easy tools to identify and provide due diligence on investment candidate companies and execute online transactions to make investments in emerging companies.
For consumer product, food & beverage, medical, and tech entrepreneurs, SHARKTANK offers an efficient way to access a network of sophisticated investors as well as value added partners.
SHARKTANK the financial platform is not affiliated with the TV show SharkTank, a SONY Picture Television Corporation entertainment property.
®SHARKTANK is registered trademark of Hal Berger and Marina Capital.
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